https://www.taxtmi.com/caselaws?id=413795 Interest on delayed refund under Section 11BB of the Central Excise Act, 1944 is confined to the refund amount not paid within three months from the refund application. Where the duty refund was already sanctioned within the statutory period and interest on the delayed refund amount had also been granted, there was no further statutory basis for claiming interest on that interest. The cited precedent was treated as an exceptional relief tied to delay in the original refund itself and did not create a general right to compound or "interest on interest" relief. The additional claim was therefore not maintainable and was rejected. en-us Fri, 24 Sep 2021 00:00:00 +0530 Thu, 21 Oct 2021 08:16:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413795 Interest on delayed refund under Section 11BB of the Central Excise Act, 1944 is confined to the refund amount not paid within three months from the refund application. Where the duty refund was already sanctioned within the statutory period and interest on the delayed refund amount had also been granted, there was no further statutory basis for claiming interest on that interest. The cited precedent was treated as an exceptional relief tied to delay in the original refund itself and did not create a general right to compound or "interest on interest" relief. The additional claim was therefore not maintainable and was rejected. Case-Laws Central Excise Fri, 24 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413795